GEREFA
ActiveSummary
GEREFA has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12,246 and a net result of -€5,551. Equity is shrinking by ~3.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).
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Signals
This company filed its last 7 accounts on average 30 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
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Peer companies
Historical observationOf the 5,836 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,836 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €2,900 | - | - |
| Other operating charges640/8 | - | - | €387 | €511 | €4,955 | ▲ 869% |
| Gross operating margin9900 | €4,303 | -€492 | -€95 | -€247 | -€214 | ▲ 13.6% |
| Operating profit (loss)9901 | €4,241 | -€492 | -€482 | -€3,659 | -€5,169 | ▼ 41.3% |
| Financial charges65/66B | - | - | - | €30 | €382 | ▲ 1,162% |
| Recurring financial charges65 | €100 | - | - | €30 | €382 | ▲ 1,162% |
| Profit (loss) for the period before taxes9903 | €4,141 | -€492 | -€482 | -€3,689 | -€5,551 | ▼ 50.5% |
| Profit (loss) for the period9904 | €4,141 | -€492 | -€482 | -€3,689 | -€5,551 | ▼ 50.5% |
| Profit (loss) for the period to be appropriated9905 | €4,141 | -€492 | -€482 | -€3,689 | -€5,551 | ▼ 50.5% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €25,470 | €25,217 | €25,229 | €22,596 | €17,869 | ▼ 20.9% |
| Current assets29/58 | €25,470 | €25,217 | €25,229 | €22,596 | €17,869 | ▼ 20.9% |
| Amounts receivable within one year40/41 | €25,207 | €24,975 | €24,983 | €22,372 | €17,633 | ▼ 21.2% |
| Trade receivables40 | - | €24,708 | €24,708 | €21,808 | €17,315 | ▼ 20.6% |
| Other amounts receivable41 | - | €267 | €274 | €563 | €318 | ▼ 43.5% |
| Cash at bank and in hand54/58 | €263 | €242 | €246 | €225 | €236 | ▲ 4.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €25,470 | €25,217 | €25,229 | €22,596 | €17,869 | ▼ 20.9% |
| Equity10/15 | €23,555 | €23,062 | €22,581 | €17,796 | €12,246 | ▼ 31.2% |
| Contributions10/11 | - | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Reserves13 | €61,793 | €61,793 | €61,793 | €58,104 | €58,104 | = |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | - | €59,933 | €59,933 | €56,244 | €56,244 | = |
| Profit (loss) carried forward14 | -€44,435 | -€44,928 | -€45,409 | -€46,505 | -€52,055 | ▼ 11.9% |
| Amounts payable17/49 | €1,915 | €2,154 | €2,648 | €4,800 | €5,624 | ▲ 17.1% |
| Amounts payable within one year42/48 | €1,915 | €2,154 | €2,648 | €4,351 | €5,562 | ▲ 27.8% |
| Trade debts44 | €222 | €393 | €387 | €1,247 | €2,416 | ▲ 93.7% |
| Suppliers440/4 | - | €393 | €387 | €1,247 | €2,416 | ▲ 93.7% |
| Other amounts payable47/48 | - | €1,761 | €2,261 | €3,104 | €3,146 | ▲ 1.3% |
| Accrued charges and deferred income492/3 | - | - | - | €449 | €62 | ▼ 86.2% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,141 | -€492 | -€482 | -€3,689 | -€5,551 | ▼ 50.5% |
| Operating cash flow (approximation) | €4,141 | -€492 | -€482 | -€3,689 | -€5,551 | ▼ 50.5% |
| Change in cash | - | -€21 | €4 | - | €11 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71014A0196/00N000 | Flanders | 715 m² | 1 · 55 m² | 6.3 m · 2 fl. |
| 71014A0196/00M000 | Flanders | 433 m² | 1 · 91 m² | 6.7 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.